Datamatics Global hits record high on Insync Capital stake buying

Shares of Datamatics Global Services rallied over 10 per cent, hitting 52-week high, on the Bombay Stock Exchange after Insync Capital Partners LLP acquired 0.5 per cent stake in the company through open market on Tuesday.

Boosted by the development, shares of company gained as much as 10.15 per cent to hit 52-week high of Rs 124.70 apiece in intra-day trade on Bombay Stock Exchange.<

Deep Industries hits 52-week high on strong volume

Shares of Deep Industries rallied nearly 8 per cent, hitting 52-week high, on the Bombay Stock Exchange amid surge in volume trade after the company received overwhelming response for its qualified institutional placement (QIP). The company has raised corpus worth Rs 63.84 crore through QIP which is intended to be utilized to meet long term working capital requirements and thereby business grow

Cyrus Mistry exit: TCS shares rise over 2%

Shares of Tata Consultancy Services (TCS) soared over 2 per cent on the Bombay Stock Exchange after ousted Tata Sons chairman Cyrus Mistry quit from the boards of six Tata group companies. Boosted by the development, shares of IT major gained as much as 2.42 per cent to hit intra-day high of Rs 2343.00 apiece on Bombay Stock Exchange. In a similar fashion, stocks of company rose 2.16 per cent t

TV Today Network dips nearly 5% on plan to migrate radio business

Shares of TV Today Network plunged nearly 5 per cent on the Bombay Stock Exchange after the India's leading English-Hindi news television networks said it would not sell its three radio FM stations to Entertainment Network India Ltd (ENIL) and would reorganise the radio business.

Following the announcement, shares of company declined as much as 4.76 per cent to hit intra-day low o

Gayatri Projects extends gain on stock-split plan

Shares of Gayatri Projects continued their gaining streak for second day and jumped nearly 5 per cent on the Bombay Stock Exchange after the company said that its board would consider the sub-division of the nominal value of the equity shares of Rs 10 per share to Rs 2 per share in a meeting to be held on December 26, 2016. Following the announcement, shares of company gained as much as 4.85 pe

Tree House rebounds nearly 9% on bourses

Snapping two-day losses, shares of Tree House Education & Accessories rebounded nearly 9 per cent on the Bombay Stock Exchange after the company in a reply to exchange clarified with reference to news quoting "Mired in a financial mess, several branches of Treehouse Playgroup ask children to go back."

The company’s shares locked in lower circuit in the last two tra

8K Miles Software jumps 9% on plan to acquire Cornerstone

Shares of 8K Miles Software Services surged nearly 9 per cent on the Bombay Stock Exchange on plan to acquire Cornerstone, a leading healthcare information technology services company. The company has said that its board will meet on December 20, 2016, to consider and approve the proposal to acquire Cornerstone.

Following the announcement, shares of company gained as much as 8.98 per

Tree House hits lower circuit for 2nd day; scrip dips 20%

Shares of Tree House Education & Accessories, India's largest self-operated preschool chain, plunged 20 per cent and locked in lower circuit for the second straight session on the Bombay Stock Exchange after Zee Learn scrapped the proposed merger with the company after media reports of Tree House closing down hundreds of its playgroup centres.

Zee Learn in a filing to BSE said

Gayatri Projects up over 3% on stock-split plan

Shares of Gayatri Projects rose over 3 per cent on the Bombay Stock Exchange after the company said that its board would consider the sub-division of the nominal value of the equity shares of Rs 10 per share to Rs 2 per share in a meeting to be held on December 26, 2016.

Following the announcement, shares of company gained as much as 3.02 per cent to hit intra-day high of Rs 618.00 ap

Zee Learn dips nearly 4% on scraping merger with Tree House

Shares of Zee Learn tumbled nearly 4 per cent on the Bombay Stock Exchange after the education arm of media baron Subhash Chandra’s Essel Group said it has called off their proposed merger with Tree House Education after media reports of Tree House closing down hundreds of its playgroup centres.

Weighed down by the development, shares of company declined as much as 3.74 per cent

Aban Offshore jumps nearly 4% on stake buying in Aban Drilling Services

Shares of Aban Offshore advanced nearly 4 per cent on the Bombay Stock Exchange after the offshore drilling services provider said that it is planning to buy 49 per cent equity shares of Aban Drilling Services Private Limited. Following the announcement, shares of company gained as much as 3.64 per cent to hit intra-day high of Rs 247.50 apiece on Bombay Stock Exchange.

In a similar f

BPCL shares up 3% on rise in fuel prices

Shares of state-controlled Bharat Petroleum Corporation Limited (BPCL) surged 3 per cent on the Bombay Stock Exchange after the oil marketing companies raised prices of petrol by Rs 2.21 a litre and diesel by Rs 1.79 a litre following hike in international oil prices.

Boosted by the development, shares of company gained as much as 2.99 per cent to hit intra-day high of Rs 623.50 apiec

Aurobindo Pharma dips over 4% on US lawsuit

Shares of Aurobindo Pharma fell over 4 per cent on the Bombay Stock Exchange after the media reported that US authorities have accused Indian firm of price-fixing. According to Economic Times, US authorities have accused six pharmaceutical firms from the US, India and Australia of price-fixing of two commonly-used drugs in the United States.

Reacting to the news, shares of company dec

J&K Bank tanks over 6% on weak Q2

Shares of Jammu & Kashmir Bank tumbled over 6 per cent on the Bombay Stock Exchange after the bank saw business taking a dip in September quarter of FY 2017 mainly on account of rise in provisions for bad loans. It has reported a standalone net loss of Rs 602.4 crore in the July-September quarter ended September 30, 2016.

It had posted standalone net profit of Rs 195.62 crore in t

Titagarh Wagons jumps over 8% on robust Q2

Shares of Titagarh Wagons surged over 8 per cent on the Bombay Stock Exchange after the company reported sharp turnaround in its second quarter net profit at Rs 5.24 crore compared with net loss of Rs 0.53 crore in the year ago period. Boosted by strong Q2, shares of company gained as much as 8.52 per cent to hit intra-day high of Rs 130.50 apiece on Bombay Stock Exchange.

In a simila

Claris Lifesciences zooms 20% on sale of injectables biz to Baxter

Shares of Claris Lifesciences rallied nearly 20 per cent, hitting 52-week high, on the Bombay Stock Exchange after the pharma major said that it will sell its global Generic Injectables Business to Baxter for USD 625 million.

“The company has entered into a definitive agreement with US-based Baxter International Inc. to sell its wholly owned subsidiary Claris Injectables for app

Tata Com surges over 6% on ICASA nod for Neotel sale

Shares of Tata Communications jumped over 6 per cent on the Bombay Stock Exchange after Neotel said it has got approval from the Independent Communications Authority of South Africa (ICASA) for acquisition of Neotel by Liquid Telecom.

Following the announcement, shares of company gained as much as 6.15 per cent to hit intra-day high of Rs 669.65 apiece on Bombay Stock Exchange. In a s

S H Kelkar and Co rises over 3% as promotors hike stake

Shares of S H Kelkar and Company jumped over 3 per cent on the Bombay Stock Exchange after the company said that the promoters have increased their stake in the company by 0.93 per cent to 57.6 per cent. They have purchased 1,348,757 shares at Rs.300 per share translating into a consideration of Rs. 40.46 crore, the company said in a filing to BSE.

Following the announcement, shares o

Gitanjali Gems shines nearly 10% on robust Q2

Shares of Gitanjali Gems, one of the leading branded jewellery retailers, zoomed nearly 10 per cent on the Bombay Stock Exchange after the company reported a 48 per cent growth in its consolidated net profit at Rs 45.01crore for the quarter ended September 30, 2016, compared to Rs 30.54 crore in the same quarter last fiscal.

Boosted by strong Q2, shares of company gained as much as 9.

TVS Srichakra tumbles nearly 8% post Q2

Shares of TVS Srichakra tanked nearly 8 per cent on the Bombay Stock Exchange after India's leading two and three wheeler tyre manufacturer reported a 1.8 per cent decline in its standalone net profit at Rs 48.18 for the quarter ended September 30, 2016, compared to Rs 48.97 crore in the same quarter last fiscal.

Weighed down by Q2 earnings, shares of company declined as much as 7

Mandhana Retail Ventures jumps 5% to hit upper circuit on Day 2

After making a strong debut, The Mandhana Retail Ventures surged 5 per cent and locked in upper circuit on the Bombay Stock Exchange on the second day of trade after media reported that renowned investor Rakesh Jhunjhunwala is mulling to buy a minority stake in the company.

Shares of the company, which comprises Salman Khan's brand Being Human, gained as much as 4.98 per cent to h

IT stocks gain over 1% on Fed outlook; TCS up 2%

Shares of IT companies rallied over 1 per cent on Bombay Stock Exchange after the US Federal Reserve said that US economy has made considerable progress toward dual objectives of maximum employment and price stability, which is a leading indicator for Indian IT revenue growth. At 11:55 hours, BSE_IT index was at 10034.11, up by 114.58 points or by 1.16 per cent.

The US Federal Reserve

Axis Bank rises over 3% on fund raising plan

Shares of Axis Bank climbed over 3 per cent on the Bombay Stock Exchange after the private sector lender said that it will raise fund upto Rs 3,500 crore through issue non-convertible debentures. “The bank proposes to raise funds by issuing unsecured subordinated, perpetual, additional Tier I, Basel III compliant non-convertible debentures of the face value of Rs 10 lakh each for cash at

HCC zooms over 11% on plan to convert loan into equity shares

Shares of Hindustan Construction Company (HCC) rallied over 11 per cent on the Bombay Stock Exchange after the company said that it will hold an Extra Ordinary General Meeting (EGM) next month for conversion of loan into equity shares or optionally convertible debentures.

Buoyed by the development, shares of company gained as much as 11.39 per cent to hit intra-day high of Rs 43.50 ap

Wockhardt surges nearly 5% on getting GMP certificate for Daman unit

Shares of Wockhardt jumped nearly 5 per cent on the Bombay Stock Exchange after the drug maker said that the company's manufacturing unit at Kadaiya, Daman complies with the UK health regulator’s principles and guidelines of Good Manufacturing Practices. In view of this, the approval status of the said unit continues, it said the filing.

Following the announcement, shares of